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Macy's to shut down dozens stores
Macy's adds to list of store closures, says it will close 65 this year
Macy's said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by the end of the fiscal year. The closures are part of its plan to eliminate roughly 150 underperforming stores over the next three years.
Macy's accelerates store closures, will shutter 65 stores this year
Macy's is accelerating its plan to close underperforming stores by the end of the year. The company plans to shutter 65 stores after the holidays.
Macy's to close 15 more stores than planned, total of 65 to shutter by end of January 2025
Macy's revealed the news during a Q3 earnings call, which had been delayed after an employee was accused of hiding $151 million.
WKYC3
1d
Macy's to close 65 stores post-holiday as part of 'Bold New Chapter' strategy
"Rounding out the discussion on
Macy's
, we're encouraged by the pace and economics of our non-go-forward
store
deals. We ...
Yahoo Finance
11h
Macy's to close up to 65 stores after the holidays. What they're saying about California
"In line with our typical cadence,
closures
will occur post-holiday ... Will
Macy's
be closing stores in California?
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